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Skill Gap in India
Skill Gap in India
Skill Gap in India
Requirement in Services Sector (in 000) Sector 1 2 Construction Unorganized Annual Req. Growth 3,379 2,933 9% 8% Sector 12 Auto 13 Textiles Requirement in Manufacturing Sector (in 000) Annual Req. 2,500 1,200 Growth 19% 9%
3
4 5 6 7 8 9
Transportation
Organized Retail Healthcare Food Processing Education IT BFSI
1,265
1,239 917 663 415 379 303 260 214
17%
438% 29% 8% 6% 17% 7% 7% 20%
14 Leather
15 Gems and Jewel. 16 Furniture 17 Electronics 18 Chemicals 19 Const. Material Total Manufacturing
Key Takeaways
332
329 244 231 136 98 5,070
13%
10% 17% 26% 8% 9%
10 Tourism 11 Media
Total Services
11,967
~60% of annual labor demand is driven by 6 sectors: Construction, Transportation, Healthcare, Retail, Textiles and Auto
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Source: NSDC reports, Ministry of Labor, UNESCO, CIA world factbook
17MM required
Class XII Pass (6.6 MM, 33%) Dropouts (12.4 MM, 61%)
Skill Gap
Source: NSDC reports, Ministry of Labor, UNESCO, CIA world factbook
2